Nurly Zhol
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Nurly Zhol is a $9 billion domestic economic stimulus plan to develop and modernize roads, railways, ports, IT infrastructure, and education and civil services in the Republic of Kazakhstan.[1] The Nurly Zhol plan was announced by Kazakhstan's President Nursultan Nazarbayev in November 2014.[2]
Nurly Zhol targets seven areas of infrastructure development:[3]
- transportation and logistics infrastructure
- industrial infrastructure
- energy infrastructure
- public utilities infrastructure
- housing infrastructure
- social infrastructure
- small and medium-sized enterprises
1.4 million square meters of the rental housing is expected to be constructed in 2015-2019.[4] The implementation of the New Economic Policy "Nurly Zhol" is expected to create over 200,000 new jobs.[5]
References
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